Seth Klarman’s GDS Holdings GDS Stock Holding History

Seth Klarman’s Portfolio GDS Stock Details GDS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$113M	Buy	3,769,818 +725,000	+24%	+$28M	2.09%	17
2026 Q1	$123M	Hold	3,044,818	–	–	2.4%	16
2025 Q4	$106M	Sell	3,044,818 -205,134	-6%	-$7.09M	2.01%	19
2025 Q3	$126M	Hold	3,249,952	–	–	2.63%	14
2025 Q2	$99.4M	Sell	3,249,952 -1,000,000	-24%	-$25.4M	2.41%	14
2025 Q1	$108M	Hold	4,249,952	–	–	3.08%	11
2024 Q4	$101M	Hold	4,249,952	–	–	2.94%	12
2024 Q3	$86.7M	Hold	4,249,952	–	–	2.47%	12
2024 Q2	$39.5M	Buy	4,249,952 +1,649,952	+63%	+$13.3M	1.09%	19
2024 Q1	$17.3M	Buy	+2,600,000	New	+$17.6M	0.47%	19

Other funds holding GDS

STT

Singapore Technologies Telemedia Singapore $295M AUM 1.77% 1-Year Est. Return

SHCM

Sachem Head Capital Management New York $4.82B AUM 73.38% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $181B AUM 41.77% 1-Year Est. Return

Barclays London, United Kingdom $521B AUM 51.41% 1-Year Est. Return

TCM

Tekne Capital Management New York $306M AUM 117.51% 1-Year Est. Return

BAMCO Inc New York $66.6B AUM 7.35% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Carrhae Capital London, United Kingdom $3.62B AUM 34.35% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

TCIM

TOMS Capital Investment Management New York $4.67B AUM 83.55% 1-Year Est. Return

Seth Klarman's GDS Position: Q2 2026 in Review

Seth Klarman increased its GDS Holdings (GDS) stake by 24% in Q2 2026, buying an estimated $28M and bringing the position to 3,769,818 shares worth $113M. The position accounts for 2.09% of the portfolio, ranked #17.

Seth Klarman first reported a position in GDS in Q1 2024 and has held it in 10 quarters since. The position peaked at $126M in Q3 2025. 197 funds tracked by Wall St. Rank hold GDS as of Q2 2026.

Seth Klarman held 3,769,818 shares of GDS Holdings worth $113M as of Q2 2026.
Seth Klarman bought 725,000 GDS Holdings shares in Q2 2026, an estimated $28M.
GDS Holdings made up 2.09% of Seth Klarman's portfolio in Q2 2026, its #17 holding.
Seth Klarman first reported a position in GDS Holdings in Q1 2024 and has held it in 10 quarters since.
Seth Klarman's GDS Holdings position peaked at $126M in Q3 2025.
197 funds tracked by Wall St. Rank held GDS Holdings as of Q2 2026.

Based on Baupost Group's 13F filing for Q2 2026, filed 13 Aug 2026.